Market Recap: Avis Budget Group Inc (CAR)’s Negative Momentum, Closing at 105.84

For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.

The closing price of Avis Budget Group Inc (NASDAQ: CAR) was $105.84 for the day, down -0.48% from the previous closing price of $106.35. In other words, the price has decreased by -$0.48 from its previous closing price. On the day, 0.73 million shares were traded. CAR stock price reached its highest trading level at $107.0227 during the session, while it also had its lowest trading level at $103.98.

Ratios:

Our analysis of CAR’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.64 and its Current Ratio is at 0.64.

On September 19, 2024, Barclays started tracking the stock assigning a Equal Weight rating and target price of $105.

Goldman Upgraded its Sell to Neutral on April 04, 2024, whereas the target price for the stock was revised from $118 to $130.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Feb 20 ’25 when KROMINGA LYNN sold 1,405 shares for $95.00 per share. The transaction valued at 133,475 led to the insider holds 1,950 shares of the business.

KROMINGA LYNN sold 661 shares of CAR for $62,795 on Feb 18 ’25. The Director now owns 3,355 shares after completing the transaction at $95.00 per share. On Feb 18 ’25, another insider, KROMINGA LYNN, who serves as the Director of the company, bought 2,066 shares for $95.00 each.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CAR now has a Market Capitalization of 3724742400 and an Enterprise Value of 29618747392. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.32. Its current Enterprise Value per Revenue stands at 2.538 whereas that against EBITDA is 32.873.

Stock Price History:

The Beta on a monthly basis for CAR is 2.06, which has changed by -0.13117713 over the last 52 weeks, in comparison to a change of 0.11241627 over the same period for the S&P500. Over the past 52 weeks, CAR has reached a high of $132.25, while it has fallen to a 52-week low of $54.03. The 50-Day Moving Average of the stock is 35.59%, while the 200-Day Moving Average is calculated to be 23.79%.

Shares Statistics:

CAR traded an average of 1.63M shares per day over the past three months and 1498900 shares per day over the past ten days. A total of 35.00M shares are outstanding, with a floating share count of 34.02M. Insiders hold about 3.34% of the company’s shares, while institutions hold 105.19% stake in the company. Shares short for CAR as of 1745971200 were 6226270 with a Short Ratio of 3.82, compared to 1743379200 on 5446868. Therefore, it implies a Short% of Shares Outstanding of 6226270 and a Short% of Float of 37.12.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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